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GetSwift class action settlement at risk as financial position in doubt
Class Actions 2022-02-14 10:20 am By Christine Caulfield

A settlement agreement in a shareholder class action against GetSwift may be scrapped as the applicant seeks more information as to whether the logistics company […]

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The class action settlements that came under fire in 2021
Class Actions 2022-01-12 6:04 pm By Christine Caulfield

If evidence were needed that courts are not rubber stamping class action settlements, the scrutiny of multi-million dollar agreements in 2021 is proof positive that […]

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Top 10 class action settlements of 2021
Class Actions 2022-01-10 7:52 am By Bianca Hrovat

Class action settlement totals skyrocketed to over $900 million last year, and one law firm negotiated the lion’s share, with $672 million in settlements under […]

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Merrill Lynch botched $56M sale of Zip Co shares, lawsuit claims
Financial Services 2021-12-14 10:47 pm By Cindy Cameronne

Two major Zip Co investors have sued Merrill Lynch for allegedly breaching its duties as financial advisor by recommending they sell their shares in the […]

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‘No prospects of success’: Judge tosses COVID-19 class action over Victoria’s botched hotel quarantine
Class Actions 2021-12-02 11:43 am By Bianca Hrovat

Two landmark class actions seeking damages from the Victorian government for economic losses suffered during last year’s second wave of COVID-19 have been thrown out, […]

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Judge pulls up ASIC for ‘strange’ handling of GetSwift case
Securities 2021-11-26 5:06 pm By Miklos Bolza

A judge has dressed down ASIC over the handling of its action against GetSwift, criticising the regulator’s failure to seek a court injunction to prevent […]

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Macquarie Group targeted in second class action over $1.8B Nuix IPO
Class Actions 2021-11-25 1:11 pm By Cat Fredenburgh

The battle to lead a shareholder class action against Nuix over its $1.8 billion initial public offering is on, with a second class action lobbed […]

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Nuix hit with shareholder class action over $1.8B IPO
Class Actions 2021-11-22 11:54 am By Cat Fredenburgh

Embattled technology company Nuix has been hit with a shareholder class action over its $1.8 billion December float on the ASX. Shine Lawyers is the […]

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Low GetSwift class action settlement to get OK despite ‘slam dunk’ case
Class Actions 2021-11-18 2:39 pm By Miklos Bolza

A judge has indicated he will approve the ‘very low’ GetSwift class action settlement because the company appeared to be broke, but the law firm […]

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GetSwift mulls appeal of scathing judgment on ‘PR-driven’ approach to ASX statements
Class Actions 2021-11-11 5:51 pm By Cat Fredenburgh

Logistics company GetSwift is considering an appeal of an 859-page judgment which lambasted the company and its directors’ “public relations-driven approach” to announcements on the […]

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